You are able to control your risk in a number of ways, that way you aren’t over extending your portfolio at certain times.
As of right now we have the following risk settings:
- Trade Limits, which refers to the amount of trades you can place in x amount of time.
- Maximum Option Premium, which refers to the max contract price of an option trade.
- Maximum Individual Trade Price, which refers to the max total dollar amount per trade.
- Allowable Slippage, which refers to the percent amount a trade can move above our entry and still allow your account to enter as long as it is below your risk settings.